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News
US Inflation cools in July, but so do consumers with their spending
14+ hour, 21+ min ago (545+ words) The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store and gas station are more painful than they were last year, and rising costs…...
Why GDP is the GOAT ofeconomic statistics
14+ hour, 21+ min ago (635+ words) It is an odd confession to make about a statistic, I realise, but then again I am an economist, so I am just going to go ahead: I love GDP. There. I said it. GDP — for gross domestic product, the…...
Copper outlook remains positive with room for growth
14+ hour, 23+ min ago (202+ words) Despite copper’s remarkable price appreciation in recent years, the metal remains attractively valued when assessed against a longer historical trajectory. Adjusted by US consumer price inflation, copper prices remain meaningfully below their 2008 peak during the commodity super-cycle. At this time,…...
Turkiye posts smaller current account deficit
14+ hour, 23+ min ago (176+ words) Türkiye’s current account posted a smaller-than-expected deficit of $4.19 billion (TL 200.18 billion) in June, remaining below market expectations of around $5 billion, according to official data released by the Turkish central bank on Thursday. Commenting on the data, Treasury and Finance Minister…...
China shipyard revives on small-ship demand
2+ day, 15+ hour ago (184+ words) A shipyard in China that halted construction of new vessels eight years ago is staging a full comeback this year as global demand shifts towards small and medium-sized tonnage over ultra-large container ships. Founded in the 1950s, Qingshan Shipyard, located on…...
UK economy slows in Q2 amid political unrest, Mideast war
2+ day, 14+ hour ago (389+ words) Britain’s economy slowed in the second quarter, the national statistics office reported Thursday, saying that output remained “robust” despite domestic political unrest and fallout from the US-Iran war. Gross domestic product increased 0.4 percent in the April-June period after GDP expansion…...
Inflation slows but prices remain elevated as Iran war and spending on AI push up prices
3+ day, 14+ hour ago (1011+ words) US inflation declined slightly last month as the cost of gas and groceries slipped, though prices are still rising more quickly than before the Iran war, posing challenges for the White House as the midterm elections near. Consumer prices increased…...
America???s K-shaped economy faces a new test
5+ day, 15+ hour ago (618+ words) A surprising trend has been showing up in Bank of America accounts over the past few months: The gap between America’s wealthy and poor appears to be narrowing. That’s counter to the narrative we’ve been hearing for years: that America’s…...
Japan’s trade balance swings into surplus
5+ day, 14+ hour ago (242+ words) Qatar Tribune AgenciesJapanâs current account surplus in the first half of 2026 rose 22.5 percent from a year earlier to 17.43 trillion yen ($110 billion) as the trade balance swung into the black, government data showed Monday.The surplus in the current account…...
US payrolls weaken rate-hike case as Hormuz breakthrough sinks oil
6+ day, 15+ hour ago (653+ words) The two stories that defined this week, geopolitical de-escalation and a softening US labour market. July non-farm payrolls fell 23K against consensus of an 85K gain, the first monthly decline in years, with June revised down sharply to 20K from 57K, and while the…...